Led by a 4.2 percent increase in building wire, EM's Price Index increased 1.2 percent in March. Building wire is up 36.4 percent YTY. The EPI is now up 7 percent year-to-year. Other products that up more than one percent were telephone equipment (+3.1%); panelboard and switches (+1.9%); circuit breakers (+1.9%); industrial controls (+1.9%); and fuses (1.5%).
Note: All EPI series represent Global Insight aggregates of Bureau of Labor Statistics' (BLS) producer price indices (PPIs). The revised data partly reflect redefinitions of specific PPIs by the BLS, but mostly reflect the rebenchmarking of all EPI price series to a 1997 base year. The four following EPI series have been affected by BLS redefinitions: boxes, conduit (fittings), nonmetallic conduit, and generators. Sources: U.S. Bureau of Labor Statistics; Global Insight